CROWN ELECTROKINETICS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Crown Electrokinetics Corp. - CRKN
CRKNNEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Crown Electrokinetics Corp. (OTC: CRKN) to Crown EK Acquisition LLC. Under the terms of the proposed transaction, shareholders of Crown Electrokinetics will receive $3.15 in cash for each share of Crown that they own. KSF is seeking to determine whether this consideration and the process that led to
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CRKNGreenwave Technology is one of Friday's top trending tickers on Reddit and Yahoo Finance as retail traders appear to be pushing penny stocks higher, like Crown Electrokinetics and Faraday Future Intelligent Electric.
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CRKNRetail traders appear to be moving to smaller-cap stocks, including Faraday Future Intelligent Electric and Crown Electrokinetics, as the rally in GameStop and AMC Entertainment shares fizzles. Crown Electrokinetics shares are up nearly 900% since Wednesday when the retail-driven rally reac hed the stock.
